NERC

Meter Installation By DisCos Drops by 60% In Q2, 2024 - Report

Meter Installation By DisCos Drops by 60% – Report

The installation of meters by power distribution companies (DisCos) decreased by 60.86% in the second quarter of 2024. This is according to the latest quarterly report by the Nigeria Electricity Regulatory Commission

Victor Ezeja

3 weeks ago

Nigerian Govt Spends ₦380bn On Electricity Subsidy In Q2 2024 — NERC

Business·Latest News·Power

Nigerian Govt Spends ₦380bn On Electricity Subsidy- NERC

The Nigerian government incurred an electricity subsidy obligation of ₦380 billion in the second quarter (Q2) of 2024. This was revealed in the Q2 report of the Nigerian Electricity Regulatory Commission’s quarterly

Victor Ezeja

3 weeks ago

6 States Gets Authority To Regulate Electricity Market - NERC

6 States Get Authority To Regulate Electricity Market – NERC

The Nigerian Electricity Regulatory Commission (NERC) says six states have been granted the authority to regulate their electricity markets. The states are Enugu, Ekiti, Ondo, Imo, Oyo, and Edo. This was made

Victor Ezeja

2 months ago

Irony: Rising Electricity Generation And Fear Of More Grid Collapse

Nigeria: Electricity DisCos’ Revenue Drops By 1.13%, Supply Dips By 10.3% In Q1 2024

The total revenue of the 11 electricity distribution companies (DisCos) in Nigeria declined by 1.13 per cent from N294.95 billion in the fourth quarter (Q4) 2023 to N291.62 billion in first quarter

Victor Ezeja

4 months ago

Business·Latest News·Power

NERC: How DisCos Will Access N21bn Electricity Metering Fund

NERC has approved N21 billion for electricity Distribution Companies (DisCos) in the country to provide meters for customers.

Victor Ezeja

4 months ago

Business·Latest News

International Consumers Owe Nigeria Over $51M For Electricity, Says Nigerian Government

International consumers owe Nigeria over $51 million for electricity exported to them in 2023, according to the latest data from the Federal Government. This non-payment, covering various quarters of the year, has

Emmanuel Ochayi

5 months ago

Nigerian Electricity Regulatory Commission (NERC) has announce reduction of electricity tariff for band A customers from N225 per kilo watt hour (kWh) to N206.8kWh with effect from May 2024.

Business·Latest News·Power

NERC Reduces Band A Electricity Tariff To N206/kWh

Nigerian Electricity Regulatory Commission (NERC) has announce reduction of electricity tariff for band A customers from N225 per kilo watt hour (kWh) to N206.8kWh with effect from May 2024.

Victor Ezeja

6 months ago

Business·Latest News·Power

Electricity Supply To Int’l Customers Shouldn’t Exceed 6% Of Available Grid Generation, NERC Orders GenCos

In its quest to prioritize electricity supply to local customers, the Nigerian Electricity Regulatory Commission (NERC) has ordered Generation Companies (GenCos) not to exceed 6 per cent of available power grid generation

Victor Ezeja

6 months ago

Business·Latest News

Nigeria Faces Sixth Grid Collapse Of 2024: System Instability With Recurrent Challenges

Nigeria’s power grid stumbled yet again, marking the sixth collapse this year. The collapse on Monday dawn witnessed a drop in electricity generation from 2,583.77 megawatts to a meager 64.7MW before recovery

Emmanuel Ochayi

7 months ago

Metering All Consumers Only Way To Increase Revenue Collection By DisCos, Not Tariff Hike - Expert

Business·Latest News

Nigerian Govt Projects Savings Of N1.5trn, 2.5m Meter Installations Following Tariff Hike

The electricity tariff hike for Band A customers is expected to result in substantial savings for the Federal Government, amounting to approximately N1.5 trillion. This move is part of the government’s efforts

Emmanuel Ochayi

7 months ago

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Meter Installation By DisCos Drops by 60% – Report

Nigerian Govt Spends ₦380bn On Electricity Subsidy- NERC

6 States Get Authority To Regulate Electricity Market – NERC

Nigeria: Electricity DisCos’ Revenue Drops By 1.13%, Supply Dips By 10.3% In Q1 2024

NERC: How DisCos Will Access N21bn Electricity Metering Fund

International Consumers Owe Nigeria Over $51M For Electricity, Says Nigerian Government

NERC Reduces Band A Electricity Tariff To N206/kWh

Electricity Supply To Int’l Customers Shouldn’t Exceed 6% Of Available Grid Generation, NERC Orders GenCos

Nigeria Faces Sixth Grid Collapse Of 2024: System Instability With Recurrent Challenges

Nigerian Govt Projects Savings Of N1.5trn, 2.5m Meter Installations Following Tariff Hike

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